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Tuesday, June 26, 2012

Iran To Start Large-Scale Oilfield Maintenance

Iran’s Deputy Oil Minister Ahmad Qalebani said today in Tehran that the country will be carrying out large-scale workovers and reservoir maintenance on its oil fields. The extent of the maintenance work is such that it might reduce Iran’s oil production and exports by as much as 30 percent, Qalebani added. (Bloomberg, 26 June)

It’s worth noting that the work coincides with the upcoming oil-related sanctions against Iran, and the oil ministry might be expecting to have its exports cut by some 30 percent. 

1 comment:

  1. And your note Mr Uskowi is correct because that is how much Iran's oil exports will be cut by 30 percent.
    But these liars that are running (ruining) the country can't get away with their blatant lies anymore.

    You can fool some of the people some of the time but you can't fool all of the people all of the time.

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